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Hunt Real Estate Capital recently provided a Fannie Mae DUS conventional loan in the amount of $12 million to finance the acquisition of a multifamily property, Cedar Ridge Townhomes in Arlington, TX.
While community uplift is overall the top priority, with 76% of those surveyed believe the nation is not acting strongly enough to uplift underserved and low-income communities, and tax incentives bring an added layer of appeal.
According to panelists at the recent GlobeSt. Healthcare Real Estate Conference held here this week, one of the things that makes medical office an attractive investment is that it is half as volatile as other real estate in terms of risk.
The renovations will include upgraded finishes in the building lobbies, enhanced building amenity packages, upgraded common areas, restrooms, elevator cabs, landscaping and a programmable activity lawn.
The office market posted 197,968 square feet of positive net absorption and brought the year-to-date total to a positive 621,605 square feet, marking the 12th consecutive quarter of positive net absorption.
The 7,076-square-foot amenity center at Chasewood Technology Park will provide tenants a lounge with three huddle rooms available on demand and a conferencing center with up to 54 seats that partitions into two rooms and a gym.
Newmark Knight Frank recently arranged a $130 million floating-rate loan for the refinancing of the Hyatt Regency Lake Washington, with financing provided by Mirae Asset.
Sares Regis Group of Northern California hands off Ashton's retail center with confidence that its businesses will thrive and become an amenity to the existing neighborhood.
With this addition, Fort Capital has acquired more than 2.5 million square feet of industrial assets within two years with a goal to acquire an additional 5 million square feet of industrial assets by third quarter 2021.
Clift Royal Sonesta Hotel in cooperation with JLL created a program to donate furniture from 150 guest rooms that will be matched by Compass Family Services with San Francisco and East Bay families in need.